PHINIA Inc. Insider Hongyong Yang Buys Shares
Hongyong Yang, VP at PHINIA Inc., acquired 4 shares in a recent transaction.
Key Points
- Hongyong Yang, VP and GM at PHINIA Inc., purchased 4 shares on June 23, 2026.
- PHINIA Inc. trades on the NYSE with a market cap of $3.01 billion and a P/E ratio of 22.78.
- Keybanc initiated coverage on PHINIA Inc. with a 'buy' rating and a $105 price target.
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On June 23, 2026, Hongyong Yang, Vice President and General Manager of Fuel Systems Asia Pacific at PHINIA Inc. (NYSE:PHIN), purchased 4 shares of the company. This transaction adds to the insider activity at PHINIA, a company involved in the auto parts industry.
Insider Buying and Selling at PHINIA Inc.
Several insiders at PHINIA Inc. were active in the market on June 23, 2026. Dori Sebastian, Vice President and Chief Procurement Officer, acquired 25 shares. Ericson Brady, the President and CEO, made a larger purchase of 523 shares. Other insiders, including Norman Daun, LaTondra Newton, Samuel Chapin, and Matthew Logar, also bought shares, ranging from 8 to 44 shares each.
PHINIA Inc. Stock Up 21.6%
Shares of NYSE:PHIN traded near $83.49 as of Friday. PHINIA Inc. has a market capitalization of approximately $3.01 billion, with a P/E ratio of 22.78 and a forward P/E of 12.06, indicating expectations of future earnings growth. The stock's beta is 1.103, suggesting moderate volatility compared to the market. Over the past year, PHINIA's stock has ranged from a low of $41.59 to a high of $86.94. The 50-day moving average is $76.40, while the 200-day moving average stands at $65.64.
$PHIN stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 12, 2026, Keybanc initiated coverage on PHINIA Inc. with a 'buy' rating and set a price target of $105. This aligns with the consensus recommendation of 'buy' from analysts, with a mean target price of $92.0. The stock has garnered attention from various analysts, with a total of five opinions contributing to the consensus.
About PHINIA Inc.
PHINIA Inc. is a company that designs and manufactures components and systems for the automotive industry. Based in Auburn Hills, Michigan, it operates through two segments: Fuel Systems and Aftermarket. The company provides advanced fuel injection systems and aftermarket solutions, serving a range of vehicles from commercial trucks to passenger cars. Led by CEO Brady D. Ericson, PHINIA employs about 12,500 people.
Bottom Line
PHINIA Inc. has seen notable insider buying activity, with several executives acquiring shares in the company. This insider interest, combined with positive analyst coverage, suggests confidence in the company's future. Investors often track such activity as a potential indicator of a company's prospects, though 13F filings and insider transactions are backward-looking and may not reflect current positions.
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